JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Reaches New 52-Week Low – Here’s What Happened

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG)’s share price reached a new 52-week low on Thursday . The company traded as low as $44.60 and last traded at $44.60, with a volume of 118 shares traded. The stock had previously closed at $44.90.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Down 0.5%

The stock has a fifty day moving average of $45.25 and a 200-day moving average of $45.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clearwater Capital Advisors LLC lifted its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.3% during the 4th quarter. Clearwater Capital Advisors LLC now owns 1,107,784 shares of the company’s stock worth $51,423,000 after purchasing an additional 65,989 shares during the last quarter. WBH Advisory Inc. acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 1st quarter worth about $570,000. Heck Capital Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.4% in the 2nd quarter. Heck Capital Advisors LLC now owns 236,638 shares of the company’s stock valued at $10,874,000 after acquiring an additional 18,258 shares during the last quarter. Tradition Wealth Management LLC raised its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 5.7% during the 4th quarter. Tradition Wealth Management LLC now owns 211,243 shares of the company’s stock worth $9,806,000 after acquiring an additional 11,366 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 234.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 22,832 shares of the company’s stock valued at $1,060,000 after purchasing an additional 16,015 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.